GTEK vs IVV
Goldman Sachs Future Tech Leaders Equity ETF vs iShares Core S&P 500 ETF
Which is better, GTEK or IVV?
Large Cap Value against Large Cap Blend.
IVV has a lower expense ratio. GTEK led over 1Y and 3Y, IVV over 5Y and the full window. GTEK is less concentrated, with 32.4% of the fund in its ten largest positions against 38.9%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | GTEK | IVV |
|---|---|---|
| Expense Ratio | 0.75% | 0.03%Best |
| AUM | $244M | $896.5B |
| Dividend Yield | 0.00% | 1.10% |
| Holdings | 122 | 508 |
| YTD Return | +38.51%Best | +13.59% |
| 1Y Return | +43.93%Best | +17.54% |
| 3Y Return (annualized) | +33.08%Best | +22.46% |
| 5Y Return (annualized) | +7.36% | +13.28%Best |
| Volatility (annualized) | 27.1% | 15.6%Best |
| Max Drawdown | -53.8% | -24.5%Best |
| $10,000 over 5 years | $14,263 | $18,654Best |
| Top 10 Weight | 32.4%Best | 38.9% |
| Fund Family | Goldman Sachs Asset Management | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Sep 14, 2021 | May 15, 2000 |
Volatility and max drawdown are measured over the window both funds cover: Sep 16, 2021 to Oct 14, 2026 (5.1 years).
GTEK vs IVV growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 5.1 years both funds cover.
GTEK vs IVV Performance
Goldman Sachs Future Tech Leaders Equity ETF (GTEK) is an ETF from Goldman Sachs Asset Management and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year GTEK returned +43.93% while IVV returned +17.54%. Year to date, GTEK is up 38.51% versus a gain of 13.59% for IVV.
Over three years, GTEK compounded at +33.08% per year against +22.46% for IVV; over five years the annualized figures are +7.36% and +13.28% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GTEK has been the more volatile fund, with annualized monthly volatility of 27.1% compared with 15.6% for IVV. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -53.8% for GTEK and -24.5% for IVV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.80. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
GTEK charges 0.75% per year while IVV charges 0.03%. On a $10,000 position that is $75 vs $3 annually, a gap of $72 per year that compounds over a long holding period. On income, GTEK currently yields 0.00% against 1.10% for IVV.
Holdings Overlap
34.9% of GTEK's money is in holdings IVV also owns. 3.2% of IVV's money is in holdings GTEK also owns.
The two portfolios partly overlap.
20 positions in common, counted across the 60 positions we hold weights for in GTEK and 506 in IVV, against full books of 122 and 508.
What only one of them owns
Our book lists 480 positions for IVV that do not appear in our book for GTEK (96.2% of the fund), and 8 for GTEK that do not appear in IVV (11.0%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in GTEK | Weight in IVV | Difference |
|---|---|---|---|
| MRVLMarvell Technology Group Ltd. | 4.32% | 0.35% | 3.97% |
| APHAmphenol Corp. - Cl A | 2.52% | 0.32% | 2.20% |
| CDNSCadence Design Sys. Inc | 2.24% | 0.15% | 2.09% |
| TERTeradyne Inc | 2.25% | 0.10% | 2.15% |
| LITELumentum Holdings Inc | 2.20% | 0.14% | 2.06% |
| DELLDell Technologies -C | 2.01% | 0.25% | 1.76% |
| COHRCoherent, Inc | 2.09% | 0.09% | 2.00% |
| MSIMotorola Solutions, Inc | 1.91% | 0.11% | 1.80% |
| EBAYEbay Inc | 1.91% | 0.06% | 1.85% |
| CRWDcrowdstrike holdings inc - a | 1.49% | 0.41% | 1.08% |
34.9% of GTEK is already inside IVV.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, GTEK or IVV?
GTEK has an expense ratio of 0.75% while IVV charges 0.03%. IVV is the cheaper option, by $72 a year on a $10,000 investment.
Which performed better, GTEK or IVV?
Over the past year GTEK returned +43.93% vs +17.54% for IVV, so GTEK leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GTEK or IVV?
GTEK has been the more volatile fund at 27.1% annualized versus 15.6% for IVV. Worst drawdown: GTEK -53.8% vs IVV -24.5%.
Should I hold both GTEK and IVV?
GTEK and IVV have a monthly-return correlation of 0.80, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between GTEK and IVV?
34.9% of GTEK's money is in holdings IVV also owns. 3.2% of IVV's is in holdings GTEK also owns. They hold 20 positions in common, counted across the 60 positions we hold weights for in GTEK and 506 in IVV.
Which pays a higher dividend, GTEK or IVV?
GTEK yields 0.00% while IVV yields 1.10%, so IVV currently pays the higher dividend yield.
Is IVV better than GTEK?
IVV has a lower expense ratio. GTEK led over 1Y and 3Y, IVV over 5Y and the full window. GTEK is less concentrated, with 32.4% of the fund in its ten largest positions against 38.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.